Word: iacocca
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Meanwhile the offers ring in like a cash register. His memoirs could fetch seven figures, his speeches $30,000 a pop. He has been mentioned as an ideal football coach (the Philadelphia Eagles) or university chancellor (Texas A&M) or business leader (Chrysler chairman Lee Iacocca is batting his eyes). Van Poole, chief of the Republican Party in Schwarzkopf's home state of Florida, is exercising monumental restraint. "I thought I'd give him a couple of weeks," he says. The hope is to persuade the general to run against popular Democratic Senator Bob Graham. "I've not talked...
...just figured that I would ride out the scandal like Lee Iacocca managed to survive his embarrassing little "Pinto" episode. Keep a low profile. Wear dark sunglasses around campus. It wasn't too difficult. I had a thesis to write...
Analysts in the U.S. have suggested for some time that Chrysler was a prime candidate for a restructuring that would include taking in a foreign partner. Last year chairman Lee Iacocca tried hard but failed to arrange a deal with the Italian automaker Fiat. It's certainly easier to picture him with an Italian partner than with a Japanese one. Iacocca has stridently attacked Japan's "unfair" trade practices for years, ventilating his views most recently in a letter to President Bush and during an Oval Office meeting. Chrysler ad campaigns have repeatedly challenged the reputation for quality that Japanese...
...pedigree of one of those directors -- Owen Bieber, president of the United Auto Workers union -- signaled other, less technocratic motives. Most bets are that the willful U.A.W. boss, a board member since 1984, was dropped because of his frequent opposition to management, led by its equally willful chairman, Lee Iacocca. "There were a lot of 17-to-1 votes," Bieber said last week...
...which began with the appointment of the U.A.W.'s then president, Douglas Fraser, during Chrysler's dark days of 1980. Chrysler's board shuffle also sparked talk that the troubled company was streamlining itself for a merger with a foreign car company. Possible suitors: Honda, Fiat and Mitsubishi. Whatever Iacocca decides to do, he will have one less dissenting vote to worry about...